27
Aug
11:30
Chinese wire rod export prices remain firm
China's wire rod export prices are supported by strong raw material prices and domestic wire rod prices, and high-grade wire rods have seen some deals during the week, Kallanish notes.
On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $495/tonne fob China, up by $5-10/t week-on-week.
This week, Chinese steel mills' offers increased by about $5/t to $500/t fob China, and the offers of some high-priced resources remained at…
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Anonymous
Very good overview of the weekly steel market.
Anonymous